Global Infant Formula Ingredients Market Analysis, 2020
With a steady rise in urbanization, increasing women workforce and females resuming their professional positions post-childbirth across the globe are contributing to the demand for the infant formula ingredient across the globe. Moreover, due to the inability of mothers to lactate largely because of changing eating habits and lifestyles, the demand for infant formula ingredients is increasing. Thus, as the source of the additional nutrients, parents have increasingly started using the infant formulas.
| Report Coverage | Details |
| Study Period | Historical Data: 2015-19 |
| Base Year: 2019 | |
| Forecast Period: 2020-25 | |
| Regions Covered | North America |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle East & Africa | |
| Unit Denominations | USD Million/Billion |
According to the MarkNtel Advisors’ research report titled “Global Infant Formula Ingredients Market Analysis, 2020”, the Global Infant Formula Ingredients market is expected to surge at a CAGR of around 8.10% during 2020-25. North America and APAC regions acquired more than half of the market share in the global infant formula ingredients market on an account of the increasing urbanization in countries such as India, China, and Japan and the rapid infrastructure developments in the U.S, India, China, and Canada in the form of opening of retail malls, hypermarket, supermarkets etc. However, the presence of the retailers in the e-commerce platform is positively impacting the Infant Formula market. Therefore, due to this, the Infant Formula Ingredient market is growing as well.
Cow milk ingredient segment dominated the market in 2019 as it is majorly used by the leading manufacturers such as Nestle, Mead Johnson & Company, AND Abbott Laboratories. Additionally, form type powder segment dominated the market due to the benefits such as ease of handling and longer shelf life, etc.
Ingredient type probiotic segment dominated the Global Infant Ingredient Formula market due to the health benefits such as preventing infections by improving the immune system and also it decreases the tendency for obesity.
Product Launches to Lead to Greater Competition
The companies are launching new products to acquire a major share in the industry. For instance, BASF launched PREBILAC 2 for the infants. The key players in the industry are AAK AB, Nestle, BASF SE, Arla Foods amba, Sachsenmilch Leppersdorf GmbH etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Infant Formula Ingredients Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Billion, while the market volume is measured in terms of units sold.
Q. What would be the CAGR of the Global Infant Formula Ingredients Market during 2020 to 2025?
A. The market size of Global Infant Formula Ingredients Market would register a CAGR of 8.10% during 2020-25.
Q. Which of the regions would be a bright spot for Global Infant Formula Ingredients Market during 2020-2025?
A. North America and APAC region grabbed more than half of the market share in the global energy drink market on account of the increasing urbanization and the rapid infrastructure developments in the U.S, India, China, and Canada such as opening of retail malls, hypermarket, Supermarket etc. would present substantial opportunities for competitors in Global Infant Formula Ingredients Market during the forecast period.
Q. Who are the key players or major competitors in Global Infant Formula Ingredients Market?
A. AAK AB, Nestle, BASF SE, Arla Foods amba, Sachsenmilch Leppersdorf GmbH etc. are few of the key competitors or players with majority market share in Global Infant Formula Ingredients Market.
Q. Does the report scope cover Infant Formula Ingredients wise market statistics also?
A. Yes, the scope of the report encompasses detailed Ingredients wise statistics such as market size, market segmentation based on various subcategories.
Q. Which of the source segment would be a bright spot for Global Infant Formula Ingredients Market during 2020-2025?
A. Cow milk dominated the market as it is majorly used by the leading manufacturer such as Nestle, Mead Johnson & Company AND Abbott Laboratories.
Q. Which of the form type would be a bright spot for Global Infant Formula Ingredients Market during 2020-2025?
A. By form type powder dominate the market due to the benefits such as easy to handle and longer shelf life.
Q. Which of the ingredient type segment would be a bright spot for Global Infant Formula Ingredients Market during 2020-2025?
A. By ingredient type, probiotic segment dominated the global infant ingredient formula market due to the health benefits such as to prevent infections by improving the immune system and also it decreases the tendency to become obese.
